Tuesday, October 20, 2020
Poundland Pep&Co

Poundland accelerates Pep&Co concession expansion to take on Primark

Poundland is poised to ramp up the rollout of Pep&Co fashion concessions within its existing stores.
Steinhoff update

Steinhoff reveals sales drop in first trading update since accounting scandal

Steinhoff has unveiled its first trading update since an accounting scandal plagued the company throughout December and January.

Primark expected to report mixed interim figures

Discount fashion retailer Primark has revealed mixed financial figures amid its preliminary interim results.
Richard Heis

Steinhoff hires restructuring officer Richard Heis in efforts to return stability

Embattled retail giant Steinhoff has appointed Richard Heis as chief restructuring officer in efforts to return stability.

Poundland “Elf Behaving Badly” advert banned by ASA

The Advertising Standards Authority (ASA) has voted to ban Poundland’s controversial “Elf Behaving Badly” campaign.
markus Jooste

Steinhoff secures fresh round of funds to stay afloat

Steinhoff has given its creditors some hope after securing enough money to keep the businesses running in the immediate term.
Richard Heis

Poundland attracts potential buyers while considering management buyout

Poundland has attracted a raft of potential buyers who are keeping a close eye on the discount retailer.

Steinhoff calls for €200m to stay afloat

Steinhoff has begun talks with lenders seeking to acquire €200 million in “interim liquidity support”.

Primark enjoys “record Christmas” beating expectations

Budget fashion retailer Primark has celebrated record Christmas sales thanks to over 300,000sq ft of added retail space.
The Works float

The Works hails record Christmas sales for 7th year running

Budget retailer The Works has revealed record-breaking Christmas sales for the seventh consecutive year.

Feature Resource

Why Findability Is The Key To 5X Conversions

Site visitors who search are 2X more likely to convert. Yet, nearly 30% of visitors are frustrated with irrelevant product results. In contrast, the...